TLDR
- Chainlink connects its Runtime Environment with Swift’s global messaging network for bank blockchain access
- LINK trades at $21.28 with technical analyst targeting $47 based on ascending channel pattern
- UBS Asset Management implements Chainlink’s Digital Transfer Agent standard for tokenized funds
- Inverse head-and-shoulders pattern on 4-hour chart suggests potential breakout above $22
- Whale accumulation of 800,000 LINK tokens signals institutional confidence in recovery
Chainlink has integrated its execution layer with Swift’s messaging infrastructure. The integration allows banks to trigger blockchain transactions using their existing systems. Swift operates the global messaging network that handles cross-border payments for financial institutions worldwide.
The development stems from Project Guardian, a 2024 pilot program. The initiative involved Chainlink, the Monetary Authority of Singapore, and UBS Tokenize. The pilot showed how tokenized fund workflows could integrate with traditional fiat payment systems.
Banks can now use Swift’s ISO 20022 messages to process fund subscriptions and redemptions on blockchain networks. This removes multiple intermediaries from the traditional finance chain. The process previously involved custodians, transfer agents, and fund administrators.
UBS Asset Management is implementing the Chainlink Digital Transfer Agent standard through UBS Tokenize. The framework manages fund workflows including subscriptions, redemptions, and settlement processes. It supports both fiat and digital assets with automated compliance features.
Technical Setup Points to Higher Levels
Analyst Ali identified an ascending channel pattern in Chainlink’s price structure. LINK has bounced from the lower boundary multiple times while retesting upper resistance. The token currently trades at $21.28, maintaining position within the bullish structure.
Ali projects $47 as the next key target if LINK holds the $20 support level. He notes this cycle mirrors previous expansions where defended supports led to rapid rallies. The current positioning suggests buyers are absorbing sell pressure near critical support zones.
The 4-hour chart displays an inverse head-and-shoulders formation. The neckline breakout sits near $22. A clear move above this level could push LINK toward $24.69 and $25.64. The pattern aligns with the broader daily channel outlook.
Institutional Activity Increases
Whales recently purchased 800,000 LINK tokens from the demand zone. This accumulation occurred during the current consolidation phase. The buying activity demonstrates confidence in the asset’s recovery potential at current price levels.
McKinsey reported assets under management reached $147 trillion in June 2025. The fund industry’s movement toward tokenization positions Chainlink’s infrastructure for expanded adoption. The DTA standard places LINK within the $100 trillion fund industry transformation.
The Cross-Chain Interoperability Protocol enables secure multi-chain transfers. NAVLink feeds provide accurate valuation for tokenized assets. These features reduce friction in fund lifecycle management for institutional users.
Swift has collaborated with Chainlink since 2023 on blockchain infrastructure tests. The partnership demonstrated how Swift’s network could provide banks with a single access point to multiple blockchains. Swift joined the Bank for International Settlements and 41 financial firms in Project AgorĂĄ in September 2024.
Polymarket recently partnered with Chainlink to enhance its market resolution process. The integration expands Chainlink’s presence beyond traditional financial services. Swift is also developing a blockchain settlement system with Consensys and over 30 institutions for real-time cross-border payments.
The technical setup combines with institutional developments to create a convergent narrative. LINK maintains key support levels while new partnerships expand the ecosystem’s reach. The $20 support level remains critical for the path to higher price targets.
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